ROME, Nov 16 (Reuters) – The Italian economic system ministry on Wednesday mentioned it might appoint former Treasury official Antonino Turicchi as chairman of state-owned service ITA Airways, the successor to Alitalia.
Turicchi, who additionally sat on the board of state-controlled financial institution Monte dei Paschi di Siena, is presently the CEO of FINTECNA, a monetary holding firm managed by state lender Cassa Depositi e Prestiti (CDP).
At ITA Airways, he’ll take the place of Alfredo Altavilla, who resigned earlier this month after a conflict with a number of board members over technique to finish the privatisation of the airline.
In August, the Treasury picked a bunch led by U.S. personal fairness fund Certares, backed by Air France-KLM (AIRF.PA) and Delta Air Traces Inc (DAL.N), for unique talks on shopping for a majority stake within the service.
The consortium beat a rival bid introduced by delivery group MSC and Germany’s Lufthansa (LHAG.DE).
The exclusivity interval ended final month however talks over a possible sale settlement are persevering with.
It stays to be seen whether or not MSC and Lufthansa will formalise a brand new supply.
Confirming a Reuters report on Tuesday, the Treasury mentioned in a press release it might appoint Turicchi at an ITA Airways shareholders’ assembly on Wednesday.
Turicchi had just lately been indicated by political sources as a possible candidate to exchange Alessandro Rivera as director-general of the Treasury.
Reporting by Giuseppe Fonte; Modifying by Nick Zieminski, Kirsten Donovan
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